Jane Street Group LLC purchased a new stake in PowerShares Preferred Portfolio(ETF) (BATS:XSHQ) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 10,407 shares of the company’s stock, valued at approximately $281,000.
Shares of XSHQ opened at $27.99 on Tuesday. PowerShares Preferred Portfoli has a 12 month low of $24.22 and a 12 month high of $28.90.
The firm also recently announced a quarterly dividend, which was paid on Thursday, March 29th. Investors of record on Tuesday, March 20th were issued a dividend of $0.0587 per share. This represents a $0.23 annualized dividend and a yield of 0.84%. The ex-dividend date of this dividend was Monday, March 19th.
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